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20110709
20110709
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i'm jon scott. thanks for watching and we'll see you again next week. >> brett: the economic decline called the great recession begin in december of 2007. the recession ended in june 2009 yet americans are still struggling. unemployment hovers around 9%. hometown prices have cratered. it's hard to argue that anything that washington is doing is working. and consumer spending is the weakest in 20 months. so how do we get back on track? this hour, fox news reporting with ten ways to save the economy. we began with chief correspondent james rosen on restoring consumer confidence. >> y 2 k, the dawn of a new millennium and the peak of consumer confidence, the highest measurement of the crucial static since they first developed it back in 1967. >> we asked consumers various questions how they stand right now, how they think the economy going in the if out. >> he served as chairman of economic advisors under president clinton? >> if everybody is gloomy about the future the economy is likely to remain on a slow growth or even a sefx path. >> surveys found a confidence hitting a new
it so far. jon huntsman says he doesn't sign any pledges. >>> the family of betty ford is making funeral arrangement for the former first lady. ford died yesterday at age 93. she is regarded a as an independent first lady known for her frankness. she spoke about -- out for abortion rights. the medical community also give hers credit for reducing the social stigma surrounding drug and alcohol addiction by admit to go her own battles with substance abuse. >> just the thought of being first lady can be very challenging, and it was. it was a demanding job, but it comes with no job description. >> ford entered rehab in 1978, for addiction to painkillers. she openly discussed her problem in public and opened the betty ford center in rancho mirage four years later. >>> president obama issued a statement praising mrs. ford and says -- service will be held next week. she will be buried in michigan next to her husband, former president gerald ford. >>> tomorrow congressional leaders will meet with president obama to continue negotiations to raise the nation's debt ceiling. and in this weekend's on
fired from non-policy on jon boehner. they are shorthand for the incredibly narrow range of choice that we actually have in political -- and elected officials. >> to house financial services subcommittee funny joint hearing on mortgage service in a foreclosure mitigation is. they also discussed the role of federal regulators in the ongoing mortgage service the negotiations. among those test thing at the hearing was david stevens, president of the mortgage and the immediate former commissioner of the federal housing administration. this is about three hours in 35 minutes. >> this hearing will come to order. and that you think my ranking member, mrs. moloney as well as oversight investigations chairman, if new cabal or who will be here in a few minutes and is ranking member, mr. pappalardo for organizing this joint hearing. many members have a great interest in having a hearing on the topic of march at servicing. it's light of today's hearing will provide a forum for members to cover multitude of subjects involving servicing. we were all shot at the news was followed allegations that
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